Buy, Refurbish, Rent, Refinance (BRRR)
Mill Street, Rutherglen, G73 2LB
£65,000 GDV
1/2 bed flat.
Purchased cash in 2019. Acquisition fully funded by a private lender.
Full internal renovation.
Let unfurnished, no white goods.
Description
Type
Buy, Refurbish, Rent, Refinance (BRRR)
Location
South Lanarkshire
GDV(Gross Development Value)
£ 65,000
Purchase Price
£ 30,000
Costs(Refurbishment & Fees)
£ 14,200
Total Cash Required
£ 44,200
Rent
£ 495
1/2 bed flat.
Purchased cash in 2019. Acquisition fully funded by a private lender.
Full internal renovation.
Let unfurnished, no white goods.